2Y Auction ‘Will Be Underwritten With Relative Ease,’ JPM Says
Source: BFW (Bloomberg First Word)
People
Jay Barry (JPMorgan Chase & Co)
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UUID: 7947283
(Bloomberg) -- UST 2Y yields increased by 11bp since last auction, are about 4bp “too high given their fundamental drivers,” JPMorgan strategists led by Jay Barry say in note.
Alert: HALISTER1- Also, curve front end “continues to offer attractive carry,” and $26b auction at 1pm ET “represents a relatively small amount of duration supply”
Source: BFW (Bloomberg First Word)
People
Jay Barry (JPMorgan Chase & Co)
To de-activate this alert, click here
UUID: 7947283